The Case for DEXs: Can a Layer 2 Surmount the Challenges? – Bankless Times
The Case for DEXs: Can a Layer 2 Surmount the Challenges? Blockchain based digital assets are trustless and fully decentralized, but until very recently, trading these assets required a trust-based centralized exchange. It doesn’t take a genius to understand the flaw in the plan here. Where on one side we were vouching for a decentralized financial system, on the other hand, we were still dependent on centralized institutions. To bridge this gap emerged decentralized exchanges (DEXs) with t...
Source: banklesstimes.com